Wall Street Breakfast: Must-Know News [View article]
Roger that, OT.
I see my original post responding back to the pulled spam article has also been pulled. Too bad, for I thought the comment regarding outsourcing bank oversight to China had merit.
Signing out for the Thanksgiving Holiday. I'll see you in a few days unless the family drives me to the net (what chance of that happening???).
Expect a Spring of Retail Bankruptcies if Holiday Sales Don't Materialize [View article]
Best Buy (BBY) is trading about $43/share but they've encountered fundamental Christian backlash because of their recent advertising. Let's see how BBY fares over this issue.
Investors are piling money into gold, but are having trouble finding a place to put their holdings. According to the WSJ, HSBC (HBC) has asked retail clients to take their gold out of the vault to make room for their institutional investors' gold. [View news story]
That move, of course, is creating headaches for companies in the physical gold business.
"I have never seen any relocation like this," says Jonathan Potts, managing director of FideliTrade, the parent company of the Delaware Depository Service Co., which has two warehouses in Wilmington. FideliTrade's two vaults have been filling up at an unprecedented pace, in part because it is taking in metal that has been ejected by HSBC.
Dealing with the fallout from HSBC's decision has become a full-time job for David Norris, executive vice president of GoldStar Trust Co., a Canyon, Texas-based retirement-account trustee, which organizes metal storage for its clients.
Wall Street Breakfast: Must-Know News [View article]
["Where to stash the gold? Investors are piling money into gold, but are having trouble finding a place to put their holdings. According to the WSJ, HSBC (HBC) has asked retail clients to take their gold out of the vault to make room for their institutional investors' gold. "]
Perhaps the IRS is attending, with cameras in hand, the physical transfer of gold by the retail clients?
[If Bing can somehow become the only place you can find news results and working links to the Wall Street Journal and other top papers such as the New York Times (NYT), the Washington Post (WPO), and the LA Times, for instance, that would be a big reason to switch for a lot of folks]
This folk believes the papers listed, besides the WSJ, are in pretty difficult financial stress and should have no value for Steve Ballmer (certainly not for Ruppert Murdoch). All these papers' circulation are way down Y/Y with the exception of the WSJ, which now has the nation's greatest circulation.
[Exclusive indexing goes against the Web’s inherent openness. Companies that try to curtail that openness don’t last long on the Web.]
Forgive me Eric, but I simply cannot agree with this premise. The IP of Murdoch will prevail.
Wall Street Breakfast: Must-Know News [View article]
IBDG (in before doubleguns).
[The Times editorial slammed Goldman for fleecing the American public and called on the firm to make a multi-billion-dollar gift to the federal Bureau of the Public Debt.]
The Times knows the next bonus payout at GS will be huge and will cause public outcry. Tim Geithner looks as if he's the one who is going to take the fall.
In his weekly address, President Obama warned the U.S. should not return to credit-fueled growth, urging people to spend less and save more, while calling for a greater focus on exports to Asia. He also said it's important the upcoming jobs forum "not undertake any ill-considered decisions, particularly at a time when our resources are so limited." [View news story]
[President 0bama warned the U.S. should not return to credit-fueled growth, urging people to spend less and save more, while calling for a greater focus on exports to Asia.]
Exports to Asia? What the h*ll does that mean? The only thing we export are Treasury notes. He wants more???
Let the debate begin: Senators Lincoln and Landrieu indicate they'll vote Yes on the motion to debate the Senate health care bill. Both also say they won't vote for cloture on the bill unless the debate process leads to further concessions, especially on the public option. But post-debate, the bill only needs 50 votes to pass. (via) [View news story]
What happened to "Independent" Joe Liebermann of CT? What a b*astard!
Wall Street Breakfast: Must-Know News [View article]
[Obama warns of double dip. The U.S. is flirting with a double-dip recession if it doesn't act to contain rising U.S. deficits, President Barack Obama warned Wednesday in an interview with Fox TV. The government is challenged in trying to boost the economy and spur job creation while setting a path toward long-term deficit reduction. Obama said the administration is considering tax measures to spur companies to hire.]
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Latest | Highest ratedWall Street Breakfast: Must-Know News [View article]
I see my original post responding back to the pulled spam article has also been pulled. Too bad, for I thought the comment regarding outsourcing bank oversight to China had merit.
Signing out for the Thanksgiving Holiday. I'll see you in a few days unless the family drives me to the net (what chance of that happening???).
A very Happy Thanksgiving to you and yours.
Expect a Spring of Retail Bankruptcies if Holiday Sales Don't Materialize [View article]
Wall Street Breakfast: Must-Know News [View article]
>>> spald...Aw shucks....you're gonna make me start to blush!!!<<<
Who's that I see in the TOP 10?
seekingalpha.com/leade...
Hooo-ah!
Wall Street Breakfast: Must-Know News [View article]
>>>Wasn't the orchestra told to keep playing after the Titanic hit the iceberg to avoid panic?<<<
Hey! I just noticed you need 12 positive posts (although it changes quite frequently) to crack the SA "Top 10" posters! seekingalpha.com/leade...
Common, guys and girls. Let's give OT a push. A 'thumbs up' for OT is a 'thumbs up' for "Must Know News".
Investors are piling money into gold, but are having trouble finding a place to put their holdings. According to the WSJ, HSBC (HBC) has asked retail clients to take their gold out of the vault to make room for their institutional investors' gold. [View news story]
"I have never seen any relocation like this," says Jonathan Potts, managing director of FideliTrade, the parent company of the Delaware Depository Service Co., which has two warehouses in Wilmington. FideliTrade's two vaults have been filling up at an unprecedented pace, in part because it is taking in metal that has been ejected by HSBC.
Dealing with the fallout from HSBC's decision has become a full-time job for David Norris, executive vice president of GoldStar Trust Co., a Canyon, Texas-based retirement-account trustee, which organizes metal storage for its clients.
Wall Street Breakfast: Must-Know News [View article]
Perhaps the IRS is attending, with cameras in hand, the physical transfer of gold by the retail clients?
Wall Street Breakfast: Must-Know News [View article]
>>> IBDG (in before doubleguns). I was starting to get conditioned. Thanks man.<<<
As we know, Doubleguns is an exceptional poster. My comment was sincerely submitted in good humor, as he has consistently beat me to the post.
Bing Tries to Buy the News [View article]
This folk believes the papers listed, besides the WSJ, are in pretty difficult financial stress and should have no value for Steve Ballmer (certainly not for Ruppert Murdoch). All these papers' circulation are way down Y/Y with the exception of the WSJ, which now has the nation's greatest circulation.
[Exclusive indexing goes against the Web’s inherent openness. Companies that try to curtail that openness don’t last long on the Web.]
Forgive me Eric, but I simply cannot agree with this premise. The IP of Murdoch will prevail.
Wall Street Breakfast: Must-Know News [View article]
[The Times editorial slammed Goldman for fleecing the American public and called on the firm to make a multi-billion-dollar gift to the federal Bureau of the Public Debt.]
The Times knows the next bonus payout at GS will be huge and will cause public outcry. Tim Geithner looks as if he's the one who is going to take the fall.
A U.S.-led consortium calling itself Crown and led by former Ford (F) director Michael Dingman is preparing a $2-2.5B bid for Ford's Volvo to rival Geely's $2B bid, sources say. [View news story]
I've owned a Volvo 850 and S60. Great cars but high maintainence.
In his weekly address, President Obama warned the U.S. should not return to credit-fueled growth, urging people to spend less and save more, while calling for a greater focus on exports to Asia. He also said it's important the upcoming jobs forum "not undertake any ill-considered decisions, particularly at a time when our resources are so limited." [View news story]
Exports to Asia? What the h*ll does that mean? The only thing we export are Treasury notes. He wants more???
Let the debate begin: Senators Lincoln and Landrieu indicate they'll vote Yes on the motion to debate the Senate health care bill. Both also say they won't vote for cloture on the bill unless the debate process leads to further concessions, especially on the public option. But post-debate, the bill only needs 50 votes to pass. (via) [View news story]
Wall Street Breakfast: Must-Know News [View article]
According to page one, WSJ, a republican told Turbo Tax Timmy, "The public has lost all confidence in your ability to do the job."
Tim shot back, "What I can't take responsibility is for the legacy of crises you've bequeathed this country."
Fedspeak translation: "It's Bush's fault."
Wall Street Breakfast: Must-Know News [View article]
A "W" recovery would work, although ironic.
Soros Bets on Ford, AT&T, Wal-Mart, Home Improvement [View article]
And they don't have the OnStar system, which is essentially Big Brother in your car.